5315 Interstate Highway 27, Lubbock, TX 79404

This asset is offered as part of a value-add investment portfolio of 18 properties. This 3-bedroom, 2-bath home is currently rented for $850 per month and offered at roughly 74% of market value, performing well above the 1% rule. The property has had important improvements, including a roof replacement in 2021, a new gas line, and various cosmetic updates, ensuring continued functionality and tenant satisfaction. The home is occupied by a reliable tenant and only needs minor exterior updates, making it a solid performer with room to enhance value. Located near Interstate 27, this property provides convenient access to major employment corridors and city amenities. It's an excellent opportunity for investors seeking a low-cost, high-yield rental with built-in upside and stable cash flow.